© Reuters File Photo: Australian Prime Minister Scott Morrison sits with members of his delegation as he attends the ‘Quadrangle Nation’ meeting at the Quadrangle Leaders Summit hosted by US President Joe Biden
(Reuters) – The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and address the global semiconductor deficit, Australian Prime Minister Scott Morrison has said.
The fourth nation in its first private meeting https://www.reuters.com/world/china/quad-leaders-meet-white-house-amid-shared-china-concerns-2021-09-24 The White House said on Friday, critical in Washington Agreed on partnership to secure infrastructure.
Morrison told reporters after the meeting that this would include Australia’s ability to produce and process raw minerals and end users in the United States, India and Japan, according to a transcript released by his government on Saturday.
Australia is the world’s largest supplier of rare earths outside of China and a major supplier of minerals used in electric vehicle batteries such as nickel and cobalt.
Although the leaders did not explicitly mention China, they repeatedly stressed the need for rule-based behavior in areas where China is trying to flex its muscles. Beijing has criticized the group for “failing to fail.”
Other quad leaders have expressed gratitude for Australia’s role in supplying critical materials “because it is a necessary supply for many industrial and processing jobs that they manage on their own”, Morrison said.
“In critical minerals, Australia is one of the largest producers, but we believe we can play a bigger role in an important supply chain that supports future technologies.”
Morrison said Australia would host a clean-energy supply discipline conference next year aimed at creating a roadmap for building such a supply chain in the Indo-Pacific region.
The quad also discussed ways to better secure a semiconductor supply, Morrison said, as global carmakers and other manufacturers reduced production as the deficit worsened due to the revival of the Covid-1 res at Asia’s major semiconductor manufacturing plants.
“It’s an ecosystem that we want to create and we want to do that … in this region,” he said.
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